17
Oct
20:42
Optima bankruptcy plan recieves approval
Optima Specialty Steel has received bankruptcy court approval for its reorganisation plan, Kallanish learns from a company release.
Optima – which owns Michigan Seamless Tube, Niagara LaSalle Corporation, Kentucky Electric Steel and Corey Steel – declared bankruptcy in December 2016.
“We are extremely pleased with the results of today’s confirmation hearing and the court’s action,” says president Michael Salamon. “The…
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Anonymous
Very good overview of the weekly steel market.
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